Co-Badging Initiative Hailed: Robust Digital Payments Ecosystem High Priority: SBP Governor

Faysal Bank Launches Pakistan’s First Co-Badged Card

Faysal Bank has launched Pakistan’s first PayPak–Mastercard Co-Badged Debit Card, combining local reliability with global acceptance. This milestone supports SBP’s vision for a secure, interoperable payments ecosystem while advancing digital transformation and financial inclusion. Read more: Faysal Bank Wins Pakistan’s Best (Mid-Sized) Bank Award Faysal Bank Limited has introduced Pakistan’s first PayPak–Mastercard Co-Badged Debit Card, a breakt…

Faysal Bank Launches Pakistan’s First PayPak–Mastercard Co-Badge Debit Card

Copyright protected content copied from PhoneWorld website. Faysal Bank Limited (FBL), in partnership with PayPak and Mastercard, has unveiled Pakistan’s first PayPak–Mastercard Co-Badge Debit Card, a landmark development for the country’s payments ecosystem. The new card brings together the global acceptance and security of Mastercard with the reliability and cost-efficiency of PayPak, supporting the State Bank of Pakistan’s (SBP) vision of a r…

Co-badging initiative hailed: Robust digital payments ecosystem high priority: SBP governor

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad reaffirming the SBP’s commitment to developing a robust and inclusive digital payments ecosystem, has underscored the importance of a regulatory framework that promotes innovation, competition, and consumer protection. Addressing the launch ceremony of the new co-badged card introduced by Faysal Bank Limited in collaboration with Mastercard and Pakistan’s national payment scheme, PayPak…